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Real Estate Forum on Real Estate Regulation Bill 2013

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Fight for RERA (Real Estate Regulation and Development Bill, 2013)
Q: The Real Estate Regulation and Development Bill, 2013 will facilitate smooth and hassle-free home buying by bringing reform to the real estate sector. It will help create a set of rules that will safeguard the interests and investments of home buyers.
Fight For RERA strives to ensure that the dream of a roof over the heads of our families becomes a reality by making developers accountable for timely possession and also pay interest and compensation in case of delay.
Join our Facebook Group: Fight For RERA

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Latest Answer: Many promoters are also using RERA Compliant services to do their referrals legally. Loyalie is one such platform which makes referrals legal and hassle free for all. Loyalie has extensively worked with real estate companies across all India helping them ease their problems. The platform allows easy tracking and monitoring of all referrals from a single dashboard. It is easy to use and a very innovative solution under new RERA guidelines. Contact us today if you as a promoter want to beat your competitors and make your referrals legal.
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What can we expect from the real estate bill??
Q: What can we expect from the real estate bill??

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Latest Answer: Hey all, I think even the panel is waiting for this bill as they have not changed the penalty provisions of the Bill and retained the original proposal such as imprisonment of developers for any violation of the proposed law. It indicated that everybody want that the sale of plot, apartment or building in an efficient and transparent manner, to protect the interest of consumers in the real estate sector.
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Real estate regulation bill
Q: Did the real estate regulation bill got approved by Goverment or is it atill pending?

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Latest Answer: Hi Jeet Bhaskar, According to the present procurement, anybody purchasing more than 4 flats in a project is dealt with as a promoter. Then again, to get a answer for this pattern of some purchasing more flats and having imposing business model in administration of affairs, committee is suggesting that every single such purchaser will have 1 voting right same as different buyers.
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Builders claim new real estate bill an harassment bill.
Q: Why are the builders of several cities against the real estate bill 2011?

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Latest Answer: Good evening everyone, As per the current news, the Parliamentary Select Committee for the Real Estate (Regulation and Development) Bill 2013 is likely to push for more strict clauses that may lead to imprisonment of builders if they do not fulfill their obligations to home-buyers. That indicates that we are at the last stage to get the amended real estate regulatory bill.
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